Dogwifhat (WIF) Soars: Potential 3.5x Rally Based on Breakout Signals

Dogwifhat (WIF) is grabbing attention in the meme coin space after experiencing a significant price surge. Crypto analyst Cryptokartha points to a technical breakout as a key driver behind this rally, with WIF potentially reaching $2 in the coming days. The analyst attributes this movement to the WIF’s successful escape from a long-term downtrend, a break from a descending parallel channel that began suppressing its price since December 2024. This is evidenced by a clean breakout candle on the daily chart.